Seattle, WA, Jan. 13, 2021 (Globe NEWSWIRE) — by means of NewMediaWire –Baristas Espresso Corporation/Munchie Magic (OTC:BCCI) has achieved a know-how/application license and improvement settlement with its primary technology and media companion ReelTime Media (OTC:RLTR). The licensing settlement secures Munchie Magic international perpetual distinctive access to use the technological know-how and methodologies produced by ReelTime that make it possible for the digital eating places to combine with its associates, onboarding, marketing and advertising, and administrative capabilities for use with the Munchie Magic Virtual Restaurant or other comfort store delivery concepts. The arrangement also will allow for Munchie Magic to create in concert with ReelTime or independently, derivatives and/or stand-alone methodologies.
In exchange for the worldwide perpetual unique license from ReelTime for the Munchie Magic notion and comfort retailer derivative Virtual Restaurants, ReelTime will acquire a per transaction license charge of $.35 in perpetuity in conjunction with the terms of the arrangement starting on Jan. 1st, 2021.
ReelTime will carry on to develop and support Munchie Magic on an ongoing foundation less than their current operate for retain the services of arrangement. ReelTime maintains all legal rights and spinoff will work for non-Munchie Magic or usefulness keep applications.
Baristas “Munchie Magic” has opened more than 50 areas in the past nine months providing Ben & Jerry’s ice cream, snacks, and warm meals to buyers via shipping and delivery companions DoorDash, GrubHub, and Uber Eats. www.baristas.television set www.munchiemagic.com in WA Point out and has now expanded into Oregon and California as effectively.
Barry Henthorn, CEO, said: “Now that the business enterprise thought has been validated and Munchie Magic is developing at an accelerated pace, it was crucial that we protected ongoing accessibility to the technological know-how that is working the main of the enterprise. Now Munchie Magic can go on to construct its model and infrastructure with certainty that it will have obtain to and the means to construct upon what has been created.”
The media purchases, integration, engineering improvement, IP, and other slicing edge advertising and marketing for the Munchie Magic digital dining places are made possible and are getting created via electronic media/know-how frontrunner ReelTime Media (OTC PINK:RLTR) www.reeltime.com. The integration consolidates and analyses details from the shipping partners DoorDash, Uber Eats, and GrubHub together with sales, charge data, and pertinent demographics from Munchie Magics’ Pick up Associates. ReelTime Media’s capabilities are redefining how providers are assessing and purchasing their Tv, radio, print, and other new electronic media.
About ReelTime Rentals, Inc. d/b/a ReelTime Media: www.reeltime.com, is a publicly-traded enterprise centered in Seattle, WA (OTCPK:RLTR). ReelTime Media supplies close to end production abilities and discounted media obtaining that is redefining how organizations are evaluating and obtaining their Tv set, radio, print, and other new media. ReelTime is also is in the small business of building, producing, and distributing Virtual Reality Written content and systems. We have an conclude to stop output, modifying, and distribution abilities for interior and external jobs. ReelTime at the moment produces a few ongoing series for the Samsung Gear VR system and distributes them about a lot of VR shipping and delivery portals like Gear VR, Oculus, Veer VR, HTC Vive, YouTube 360, Facebook, and some others. ReelTime Media also publishes the e book “It Was Normally Me Edward Edwards the Most Prolific Serial Killer of All Time” which has been the topic of a address story on Folks Journal, Rolling Stone, In Touch, and a six-aspect series on Paramount community, www.itwasalwaysme.com .
About Baristas Espresso Business/ Munchie Magic: Baristas is a publicly traded countrywide Coffee Company that is identified in the course of the US. It is the vast majority shareholder of Munchie Magic, Inc. which manages the digital cafe which provides Ben & Jerry’s ice product, Baristas Coffee, and other snack foods through third get together delivery companions. Baristas at this time produces and sells espresso relevant products under the Baristas brand. The Baristas White Coffee single-provide cups compatible with the Keurig 2. brewing technique is the bestselling item in its classification. Baristas also marketplaces other coffee-associated solutions. Baristas acquired mainstream exposure when it became the subject of “Grounded in Seattle” the truth display unique characteristic which aired on WE television set. It has been featured nationally including during Shark Tank on CNBC with Entrance Montgomery, CNN, ESPN, Foods Community, Cosmopolitan Journal, Forbes Journal, Contemporary Living with Kathy Ireland, Sports activities Illustrated, NFL Monday and Thursday Night Football with Megs McLean, at NASCAR Races, The Grammys, NBA Tv set, and other noteworthy media.